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Trafford Resources (ASX:TRF) Cash-to-Debt : No Debt (1) (As of Dec. 2014)


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What is Trafford Resources Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Trafford Resources's cash to debt ratio for the quarter that ended in Dec. 2014 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Trafford Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Trafford Resources's Cash-to-Debt or its related term are showing as below:

ASX:TRF's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 18.395
* Ranked among companies with meaningful Cash-to-Debt only.

Trafford Resources Cash-to-Debt Historical Data

The historical data trend for Trafford Resources's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Trafford Resources Cash-to-Debt Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Trafford Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Trafford Resources's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trafford Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trafford Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Trafford Resources's Cash-to-Debt falls into.



Trafford Resources Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Trafford Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Trafford Resources had no debt (1).

Trafford Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2014 is calculated as:

Trafford Resources had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trafford Resources  (ASX:TRF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Trafford Resources Cash-to-Debt Related Terms

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Trafford Resources (ASX:TRF) Business Description

Traded in Other Exchanges
N/A
Address
Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

Trafford Resources (ASX:TRF) Headlines

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